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    Home > Chemicals Industry > New Chemical Materials > The PVC market remained weak and stable, mainly cautious wait-and-see

    The PVC market remained weak and stable, mainly cautious wait-and-see

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The PVC market remained weak
    .
    Traders continue to ship goods with the market, and the enthusiasm for purchasing is not high
    .
    In the downstream, factories lack confidence in the future market, and they are mainly cautious and wait-and-see, and it is difficult to release the volume
    of real transactions.

    PVC

    Upstream market: Oil prices fell, with U.
    S.
    crude futures for July delivery down 55 cents, or 1.
    1 percent, at $48.
    62 a barrel, which fell 1.
    4 percent
    for the week.
    Brent crude futures on the European ICE futures exchange fell 40 cents, or 0.
    8 percent, to $49.
    64 a barrel, down 0.
    6 percent
    for the week.
    Asian ethylene market prices fell, CFR Northeast Asia prices fell $15 to close at $1054.
    5-1056.
    5 / ton; CFR Southeast Asia prices fell $20 to settle at $1044.
    5-1046.
    5/mt
    .

    The market atmosphere is calm and the transaction is average
    .
    PVC shipments in the Linyi market are not good, the transaction volume is not large, merchants follow the market operation, and some transaction prices are slightly loosened
    .
    The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4860-4900 yuan / ton, and the price of the whole vehicle is slightly lower
    .
    Hangzhou PVC market shipments are not good, transactions are flat, merchant confidence is insufficient, mainstream prices are temporarily stable, and some are slightly loose.

    The PVC market in Hebei has a calm atmosphere, average transactions and stable prices
    .

    Some quotations in the PVC market fell
    slightly.
    The volume of goods received by downstream factories is still limited, and the wait-and-see mentality has not improved
    significantly.
    Most traders operate cautiously and do not have much
    volume.
    It is expected that the short-term PVC market will still be dominated by weak
    finishing.

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